Brussels: Eurogroup President Jeroen Dijsselbloem said late Friday that the finance ministers' meeting on Greece turned out "positive" and Greece is expected to get a new loan worth up to $95 bn.The outcome of the

London: A leading economic think tank on Wednesday forecast that Greece's GDP will shrink this year by three percent and 2.3 percent next year. Thus it will eventually be nearly a third smaller than it

Athens: Talks between the Greek government and international creditors on a third bailout package for Greece are expected to begin on Monday, a state minister said.Meetings with officials from the European Commission, European Central Bank

Athens: The Greek parliament early Thursday passed a bill on a second batch of reforms in line with an international bailout for Greece's sluggish economy.The bill includes civil justice reforms, a bank deposit protection scheme

Brussels: A summit of eurozone leaders reached a tentative agreement with Greece on Monday for a bailout program that includes "serious reforms" and aid, removing an immediate threat that Greece could collapse financially and leave

Mumbai: The rupee depreciated by 9 paise to trade at 63.48 against the dollar due to fresh demand from importers and gains in the American currency against major currencies globally.At the Interbank Foreign Exchange,the domestic

Brussels: Frustrated and angered eurozone leaders gave Greek Prime Minister Alexis Tsipras a last-minute chance Tuesday to finally come up with a viable proposal on how to save his country from financial ruin.Overcoming their surprise

New Delhi: With Greeks' rejection of rescue package from creditors spooking markets, the government on Monday asserted that India is well insulated from the crisis but rupee may be affected due to the outward flight

Athens, Greece: Greeks lined up at polling stations and ATMs alike Sunday as the country voted on its financial future, choosing in a referendum whether to accept creditors' demands for more austerity in return for

Athens: European Union has offered Greece a last-minute deal to ease the debt crisis that is threatening the country out of the euro and weaken the foundations of the European Union's single currency.According to a

Athens: Anxious pensioners swarmed closed bank branches today and long lines snaked outside ATMs as Greeks endured the first day of serious controls on their daily economic lives ahead of a July 5 referendum that

New Delhi: With Greece witnessing a full-blown economic crisis, India's software and engineering exports may take a hit and the country may also face larger capital outflows due to a weaker euro, industry and government

New Delhi: Worried that the Greek crisis may trigger capital outflows, finance secretary Rajiv Mehrishi on Monday said the government is in touch with the Reserve Bank which will take necessary steps to deal with

Kolkata: Although Indians had the tradition of analytical thinking, Indian mathematicians also learnt from the works done in Babylon, Greece and Rome, economist Amartya Sen said here today.“To be sure there was an Indian tradition